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Fincash » Mutual Funds » IDFC Tax Advantage ELSS Fund

IDFC Tax Advantage (ELSS) Fund - G

NAV  ₹86.99 ↑ 0.99  (1.15 %) as on 24 Jun 22

Scheme Objective

The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective of the scheme will be realised.

IDFC Tax Advantage (ELSS) Fund is a Equity - ELSS fund launched on 26 Dec 08. It is a fund with Moderately High risk and has given a CAGR return of 17.4% since its launch.  Ranked 3 in ELSS category.  Return for 2021 was 49.2% , 2020 was 18.7% and 2019 was 1.9% .

Below is the key information for IDFC Tax Advantage (ELSS) Fund

NAV as on 24 Jun 22₹86.99 ↑ 0.99  (1.15 %)
Net Assets (AUM) as on 31 May 2022 ₹3,570 Cr.
Launch Date26 Dec 2008
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCIDFC Asset Management Company Limited
Alpha Ratio2.67
Expense Ratio2.06 %
Sharpe Ratio0.569
Information Ratio0.34
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 24 Jun 22

DurationReturns
1 Month -2.8%
3 Month -9.8%
6 Month -8.4%
1 Year 2.4%
3 Year 15.7%
5 Year 12%
10 Year
15 Year
Since launch 17.4%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2021 49.2%
2020 18.7%
2019 1.9%
2018 -9.4%
2017 53.4%
2016 0.4%
2015 6.9%
2014 42.2%
2013 15%

Growth of 10k Over Years

DateValue
31 May 17₹10,000
31 May 18₹11,761
31 May 19₹11,653
31 May 20₹8,577
31 May 21₹16,873
31 May 22₹18,728
IDFC Tax Advantage (ELSS) Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash4.01%
Equity95.99%
IDFC Tax Advantage (ELSS) Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services24.34%
Consumer Cyclical17.7%
Industrials13.17%
Basic Materials12.13%
Technology11.37%
Health Care6.92%
Energy4.1%
Consumer Defensive3.5%
Communication Services2.77%
IDFC Tax Advantage (ELSS) Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | ICICIBANK
Banks - Regional8%₹282 Cr3,800,000
↑ 100,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
Information Technology Services6%₹219 Cr1,400,000
State Bank of India (Financial Services)
Equity, Since 30 Jun 20 | SBIN
Banks - Regional5%₹174 Cr3,500,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | RELIANCE
Oil & Gas Refining & Marketing4%₹153 Cr550,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | HDFCBANK
Banks - Regional4%₹145 Cr1,050,000
↑ 100,000
Tata Motors Ltd (Consumer Cyclical)
Equity, Since 31 May 20 | TATAMOTORS
Auto Manufacturers3%₹123 Cr2,800,000
Greenpanel Industries Ltd Ordinary Shares (Consumer Cyclical)
Equity, Since 31 Jul 19 | GREENPANEL
Furnishings, Fixtures & Appliances3%₹120 Cr1,976,440
↓ -123,560
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | BHARTIARTL
Telecom Services3%₹103 Cr1,400,000
Deepak Nitrite Ltd (Basic Materials)
Equity, Since 31 Mar 17 | DEEPAKNTR
Chemicals3%₹100 Cr430,000
↓ -10,000
Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 18 | JINDALSTEL
Steel3%₹96 Cr1,784,695
↓ -15,305
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Fund Managers

NameSinceTenure
Daylynn Pinto20 Oct 165.62 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
IDFC Mutual FundTower 1, 6th Floor, One IndiaBulls Centre, 841,Senapati Bapat Marg, Elphinstone Road (West)

Auditors

CompanyAddress
Deloitte Haskins & Sells12, Dr. Annie Besant Road, Opp. Shiv Sagar Estate,,Worli

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
IDFC Tax Advantage (ELSS) Fund
Growth
₹86.99
↑ 0.99
-8.37 %2.45 %15.7 %11.95 %
IDFC Tax Advantage (ELSS) Fund
Normal Dividend, Payout
₹24.13
↑ 0.28
-8.39 %2.22 %15.62 %11.07 %
Data as on 24 Jun 22

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.